Can I Start Gold Trading with $50 for Micro Gold Trading Account?
For beginner traders wanting to begin gold trading with $50 dollars, the gold trading micro account option provides them with best xauusd account type option - Open Gold Account with $50 - Open Live Gold Trading Account with $50.
The micro xauusd trading account is a xauusd trading account type where the traders open xauusd trades using Micro lots, the micro lots are equivalent to 1 hundredth of standard gold lot. This Micro lots are a fraction of the standard gold lots. Gold traders trading using the Micro Gold Trading Account can make a small deposit for example $50 dollars deposit and use gold trading leverage provided by the gold trading micro account to trade the gold trading micro lots.
For example with the gold leverage option of 100:1, a trader can borrow $100 dollars from their gold broker for every $1 dollar in their account - meaning if they have $50 in their xauusd account - they can borrow $50*100:1 gold trading leverage = $5,000 dollars after xauusd trading leverage. Traders can then use this $5,000 dollars in their margin xauusd trading account to open & trade gold trading micro lots.
To learn more about xauusd leverage and gold margin account - Read the following gold tutorials:
